The news on the Samsung 5G Galaxy and iPhone should solidify that 5G won't be ready for prime time anytime soon.
Verizon recently hit $60, topping off a big rally since the summer.
The improved payout ratio from AT&T will make Verizon a source of funds as investors flip into that much higher dividend yield.
TheannouncementthatSamsung(OTC:SSNLF) andVerizon Communications(VZ) won't launch a 5G phone until next year will likely lead to a pause in Verizon stock. The stock recently hitmy targetat $60 likely on the back of 5G excitement. The lack of devices to connect to a 5G network should cause the excitement over the new technology to come to a sudden halt.